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Asian equities shifting from ‘FIFO’ to ‘FOMO’: Credit Suisse PB

As equity markets continue to edge higher, Credit Suisse Private Banking is urging investors to stay invested, believing the current underperformance of Asian equities will provide investors attractive investment opportunities, underpinned by improving economic data, reasonable valuation and USD weakness. In a media briefing on Tuesday, the Swiss lender said it previously described Asian equities as ‘Asia FIFO’ (first in…

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